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mortgage WASHINGTON, July 31 (Xinhua) — Mortgage applications decreased as purchase activity weakened in the United States, according to a report from Mortgage Bankers Association (MBA) on Wednesday. For the.
Case-Shiller’s 20-City Home Price Index charted its third month-to-month decline in home price growth; the National Home Price Index fell to 4.30 percent during the three months ending in January as compared to 4.60 percent growth for the three month period ending in October 2018.
Home price growth continued to slow in June according to Case-Shiller’s 20-City Home Price Index. 17 cities reported higher home prices in June, but three cities reported lower home prices month-to-month. Seattle, Washington was the only city to report lower home prices year-over-year in June. Phoenix, Arizona Home Price Growth Highest in June
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· U.S. home prices rose at the slowest pace in more than six years in March, a sign weaker sales are keeping a lid on price increases. The S&P CoreLogic Case-Shiller 20-city home price index climbed 2.7% from a year earlier, down from an annual gain of 3% in February. Price.
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Mortgage rates for 30- year fixed loans fell to a record low in the week ended March 20, according to the Mortgage Bankers Association. KB Home, a Los Angeles-based homebuilder that caters to first-time buyers, last week reported a narrower loss in the quarter ended Feb. 28, and said net new-home orders rose 26 percent from a year earlier, the.
The Bank of England, for example, has seen 7See Chapter 3 of the April 2010 World Economic Outlook and Dowling, Estevo, and Tsounta (2010). 8Another problem faced by some of these economies after the crisis has been accelerating real estate prices in the face of low interest rates–as in a number of emerging market economies the.